Business: JSW Infrastructure Share Price Today: Sep 27, 2:01 PM Shares of JSW Infrastructure were trading at Rs 351.95 today, up 3.17% from its previous close. Sensex was trading -0.18% down at Rs 85,681.14. During the day, the stock touched a high of Rs 355.3 and a low of Rs 344. Technically, the stock is above short-term moving averages of 5, 10 and 20 days and long-term moving averages of 50, 100 and 300 days. The SMA value of the stock is:
Daily Simple Moving Average
5,341.37
10,335.94
20,326.84
50,328.30
100,298.38
300,265.68
Traditional pivot level analysis shows that the major resistance levels of the stock in intraday time frame Rs are Rs 343.65, Rs 346.65, Rs 350.75 and major support levels are Rs 336.55, Rs 332.45 and Rs 329.45. From fundamental analysis perspective, the company has a ROE of 19.23% and current P/E ratio is 61.46.
The expected one year growth of the stock is 6.56% and target price is Rs 328.86.
As per June quarter filings, the company holds 85.61% promoter shares, 0.57% MF shares and 4.15% FII shares.
MF ownership ratio increased to 0.57 per cent in the June quarter from 0.34 per cent in March.
FII stake increased to 4.15 per cent in the June quarter from 2.34 per cent in March.
Shares of JSW Infrastructure traded 3.17% higher at Rs 351.95 today, while shares of its peers remained flat. While competitors like Mankind Pharma are currently declining, others like Renewable Energy Development Authority of India and Tata Technologies are rising. Overall, benchmark indices Nifty and Sensex declined -0.04% and -0.18%, respectively.
